Steve Womack: “I thank my friend from Tennessee for yielding. Mr. Chair, I rise in support of this amendment. To be clear, I have a…”

“I thank my friend from Tennessee for yielding. Mr. Chair, I rise in support of this amendment. To be clear, I have a record throughout this entire appropriations process that will demonstrate that I am not a supporter writ large of the Holman rule. I personally think it has been overused, and the record can reflect that I don't think I am on the record voting for any of the Holman rules to date. I wanted to make that disclosure up front, but that is just a personal opinion. That is what I believe. The Holman rule is a serious tool in Congress, and I think we have to be careful when we are establishing precedents on the use of it, but I do think there are times when the Holman rule is justified. Unfortunately, in my opinion, the Securities and Exchange Commission under Chairman Gary Gensler is an example of a time when I think the Holman rule can be used as a messenger to the SEC Chairman. The health and vibrancy of our markets and our economy at large can be tested by an aggressive and overzealous rulemaking agenda. Over the last 3 years, that has defined the Securities and Exchange Commission. Let me be clear: This is not just about how the regulatory process is conducted. The weight of the issues and topics under review by Chairman Gensler must be considered thoughtfully and comprehensively. Unfortunately, they have not been.…”